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Search Results 0 to 48 of about 49 (some duplicates have been removed)
with their taxes. the uncertainty was horrendous, the mood sour. we were getting all sorts of cross currents about what would happen with corporate and personal taxes. were they going to raise taxes, were capital gains going up? would the alternative minimum tax ensnare millions of people? would businesses have to start a whole brand new round of layoffs? executive after executive came on this show to say, look, we can't do a thing. what's the point? we will just have to undo it. business confidence plummeted, and the idea of forming a new business. well, remember when the ceo of paychex came on and talked about the paralysis caused by the cliff? who would leave his job to start a new business in that environment? okay. retail sales weren't that bad. but they nose dived right at the end of the quarter. retailers were afraid to restock inventory, figuring that spending would drop off the cliff right along with the nation's finances. it was all in all a very bad time for our nation. now, overlay the storm of the century for the northeast, one that shut down the wealthiest area of the country for sev
. >> and now tackled by taxes, and make $75,000, see if he gets to keep any of it. >> "fox & friends" begins right now. ♪ >> good morning, i hope you had a great weekend. >> clayton: yeah, ainsley earhart here, tucker carlson, ainsley fresh off the return to the gun range down there in texas. >> that was so fun. >> clayton: did you fire an a-47. >> no. >> were you nervous? >> i was down in katy, texas, offering free classes to teachers in the area. the class full of teachers and we interviewed why they were doing that and even though you're not allowed to take guns in flarms yet and hoping that does pass the state of texas. >> you looked great down there and we'll talk more about dianne feinstein's legislation, first to the headlines. >> straight to the headlines, an extreme weather alert. the midwest bracing for dangerous ice storms, sleet, snow and ice could leave behind a slippery mess in illinois and michigan as well as missouri. this as the country gets ready for a brief warm-up. rick is tracking it for us this morning. and it's a rollercoaster, hot and cold. >> it is and it's going
a background check and pay a fine and back taxes before gaining legal status in the united states. all that is contingent on securing borders. the proposal provides for increased use of drones, more personnel and improved infrastructure and it would create an employment verification system and improve the process for admitting needed workers. cnn chief congressional correspondent dana bash and cnn chief white house correspondent jessica yellin are working the story. dana, the tone was pretty optimistic up on capitol hill today. >> it sure was but, you know, we have seen this movie before, you and i, wolf, and a lot of other people watching this issue go kind of up and down with the partisan wins. but this is something that is different this time. because of something very simple. and that is what happened in the last election to republicans. particularly mitt romney with the latino voters. he lost big time. and that's why when i asked senator mccain and others who were standing right here where i'm standing, half a dozen years ago, why this is different, that's why they answered that w
've raised taxes by $200 billion a year. the reason that u.s. stocks are up 5% after this horrible thing we've done to our selves that under norm circumstances would cause a recession is because we're in a global economy and every other major country in the world is doing the right thing while we're doing the wrong thing. that's propping us up. we're fine, we'll have a great year. these other countries doing things right, that aren't kicking the can down the road, they're going to have fabulous years. that's where you want to put your money, my friend. >> i was reporting in 2007 when we hit dow 14,000 and everyone got slammed on that. there's a hesitance at these levels. what's not getting talked about enough is the impact on consumer sentiment. if you go to any coffee shop, grocery store, anywhere in this country, people are looking at their 401(k), they feel better and i think that will translate into positive consumer spending, which filters into the whole economy. >> the retail investors is getting involved. the money flows are ramping up tremendously on the retail side. i would disagre
line is historic tax rates, how much we raise in taxes and the blue is how many increases president obama is calling for. the red is where spending is going. spending is the problem, revenues are not the problem. if you keep chasing them they will hurt economic growth, shut down the economy and won't get the budget balanced. >> what i heard the president say was programs like social security and medicare and med aid critically important for our future and we need to have a bipartisan commitment to make them work. bob and i have been in a lot of meetings talking about deficit reduction. we need reform in the programs that mean they will live on to serve future generations. that's the message i took from the president. >> referring to bob corker to the left of the screen. the president has a full plate. not just the budget but the issue of guns, and this week he heads to las vegas for a speech about overhauling immigration. so the second term is already kicking off with plenty on his plate. >> all right. peter alexander, white house correspondent, thank you so much. >>> we want to tur
finance minister started an initiative on this that this year g8 will look at tax evasion and tax fraud. i think it's enormously important issue, and i think the regulation on the shadow banking system, um, also needs to play a very important role for the russia meeting for the g20. we have quite a lot of regulation for our banks, basel iii comes to mind here. here, actually, we have to be vigilant that the lending capacity that is to boost, after all, economic growth doesn't get too contained, too limited, and i can only hope and join our partners in the united states to introdiscuss deuce this -- introduce this as well, otherwise a new imbalance here. through better regulation of banks, the capital that they need to the capital reserves that they need to have, we also see moral hazard in the sense that people increasingly seem to fly into the shadows of shadow banking. we were at one in saying when we agreed this at the g20 and the thought that every financial instrument, um, every financial be product, every financial market needs to be placed in regulation. we are very far from that. i
. letting start-ups, tax reform, and regulatory reform help. that's what we need more. >> you really think we need more? >> i mean, you want to make fun of -- >> i don't ever make fun of playing. i like my politicians who play. and who have cameras around when they do. what did you learn today, sam? >> you picked your clothes by number. i have no idea. the sweater collection could probably use an upgrade. >> this is number 47 right here, by the way. >> this is the hollywood business sweater, right? >> that's right! >> i learned about super fierce sri lankan women fighter, and victor garber is wonderful, and my neighbor. which is great. >> if it's way too early, harold, what time is it? >> it's time for "morning joe". >> but coming up next -- >> is my man, chuck todd on "the daily rundown". >> no, luke. >> luke russert! >>> taking it to the streets, vice president biden heads into virginia to make the case for new gun law. can a campaign-style push pressure congress to get something done. forewarned on the bayou. louisiana governor bobby jindal has tough talk for his party about what's wron
increases do not reduce the deficit because every dollar of tax increase leads to, of $1.17 in additional spending but spending more money to people who will waste it only encourages them. we are not sending any more and. >> most economists agree you need a comprehensive mixed of cuts and increases. liz: i am done with the economist. we tried that and look where we are. we have a huge entitlement problem. >> also in the uk we have that. liz: britain is not the size of the united states. we have different issues. >> yes but we have to much austerity you do not want to go our direction. liz: you have been terrific. have a terrific weekend. thank you for watching. gerri: hello, everybody. i'm gerri willis, and tonight, on "the willis report," the mutual fund industry wants to punish you for taking out your own money, trillions of dollars at stake. will you pay more this weekend for using a credit card rather than cash? find out. and, illegal immigrants are not supposed to get medicare, but a new report says, yes, they can. "the willis report" is on the case. ♪ all that and
mickelson after he said high taxes might chase him out of his home state of california. why one of the world's highest paid athletes is now why he is saying he is sorry? bill: man, have you been outside? it is epic cold. this is gripping most of the country. windchill readings falling to 30 below. if you live there, you know how cold it is. that is chick -- chicago screen left. how can avoid being outside. martha: good idea. >> keep moving. layers. i have on like three layers. if i need to i take something off, put something on as need be. i used to say the summer was worse but now i want to say the winter. at a dry cleaner, we replaced people with a machine. what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. bill: mitt romney heads to washington, d.c.. two of his former aides saying the former republican presidential nominee and his wife ann will be in the nation's capitol, make that friday, for a luncheon in their honor. friday is the luncheon. the forme
during the years of planning. when famine came. the people have given us seven years of extra taxes. but i saw the wisdom adjusted, pay down our guests and stories receipts against the leaner times that will surely follow. in the midst of the great depression, franklin roosevelt said there's a mysterious cycle in human events. to some generations much is given. of others, much is expected. this generation has a rendezvous with destiny. we write in california have a rendezvous with destiny. around spc data and skepticism about about her future of america. but we have accomplished together all the people in assuming that you'll accomplish coming up. indeed the whole history of california belies such pessimism. i wonder how california began. in 1769 under king charles the third, orders were issued to dekalb ace, occupy important sites, san diego monterey for the crown of spain. his brave men made their way slowly north along an unchartered pass. eventually they reached moderate, could recognize that they had identified him as supplies failing, they marched san diego. for us to eat the
a more effective tax system. it reduced taxes going forward. and i think we could have had a booming environment. i may be wrong. that's my own personal belief. if we had a grand bargain, america will take off. i think it's very important for america to get strong. the rest of the world needs us to. europe still has its issues. i think it's important that america kind of took the lead here. >> what does your gut tell you about all of this money moving into stocks recently? do you think this is sustainable? >> yeah, if the economy grows, it's sustainable. you know, it's not just america, it's european, japanese and chinese companies. but you're still buying them at fairly good prices. and your alternatives aren't really that good. so, yes, i'm comfortable owning stocks right now. >> my thanks to jamie di plrksz on. >>> the state of business, the state of investors and the state of europe all part of the conversation here this week from citi ceo to a billionaire philanthropist. here's what they had to say. >> our strategy is really focused around a few of the big secular things that ar
about. the obama administration has sort of taken this tactic in the past, during the payroll tax cut fight, during the student loan fight, really circumventing congress and trying to build a ground swell of support among the people, to pressure congress to get what it wants to get done passed. so in this case, that is the stiffer gun law. so you're going to see vice president biden out today, holding that roundtable, talking about gun legislation. he'll be joined by his cabinet secretaries as well as a democratic senator, tim kaine, to really try to talk to the people about why he thinks this for gun legislation is a good idea. but, of course, as you just mapped out, there is a lot of opposition to this, particularly in states like virginia. so they're hoping to get moderates on their side, so that when this really does go to a fight, they will have the votes in the end. senior administration officials tell me, privately, they think that there is a lot of support for universal background checks and for limiting high-capacity magazines, but, of course, that ban on assault weapons is r
is an incremental process. the responsibility of congress is to appropriate, to tax and spend that money. that's become -- to say the job of congress is to tax as soon as i put it in that language, it's an id logical statement rather than a descriptive statement of the job of congress. >> we are seeing the same thing. the question becomes, i disagree with you a little bit. we are at 8.9% unemployment rate. i don't know if it's the job of the government to create jobs, i believe it's the job of the government to create an environment to create jobs. what does that mean? if we don't have our fiscal house in order, how is the government, excuse me, the private sector going to look at us from a responsibility? >> everyone saying stimulate now, cut back later. we did one stimulus bill, it wasn't large enough and we didn't follow it up. >> whose fault was that? >> we need to stimulate now. we are not doing any stimulus and talking about cutting back. it's what they say not to do. >> bobby jindal, who we give a hard time to on this show regularly, he said something similar to this on the rnc meeting
on rye kind of what we're seeing. here is one thing that we're watching. the payroll tax increase didn't bother us when the price of gasoline was down. but over the past few weeks, we've seen the price of gas go up by anywhere from 30 to -- 25 to 35 cents per gallon. that really puts an impact on $20 a week for 50,000 in income. that price in gasoline really was going to make double hit behind the increase in payroll taxes. >> that is an interesting point. i hadn't really thought about that. when it comes to the jobs number on friday, kevin, tell me what you think the market is looking for? what would be really good news and what would be look out? >> they want it big. the guys are going to probably pull bids out and put up some shorts going into it. i'd watch for an air pocket down. my own opinion is i think you'll see a number finally over 250. we're overdue for that number. and -- >> the dawn of february 1st? >> they don't have time to cook the books by february 1st on that, do they? huh? >> it's friday. >> they're supposed to be good at it, i don't know. >> well, they are -- >> i t
paycheck from higher social security taxes. ouch. next, $27 billion, that's how much taxpayers are going to lose on the government bailout from 2008. that is up from an estimate just a couple months ago. and finally, 44 years. that's how long deborah ford has worked for the postal service and she never took a sick day. the 64-year-old retires tomorrow. way to go. brian? >> brian: there is new signs of life in the housing market in the united states of america. the latest data shows home prices are actually inching up. so is now the right time to sell or down size to get out of debility? joining us now from nashville is dave ramsey. dave, are you optimistic things are turning around or is this just a regional turn around? >> well, all real estate is like politics, it's always regional it's always local. so we've had some markets that weren't hit nearly as hard by the recession and they've come back. some of them almost roaring back. we've got other areas of the country, and particular cities that are really still struggling. you just got to look around you in your particular area across t
brought the business back to the u.s. from china, and he tells us his story. next, your tax dollars going to ill leal immigrants and prison inmates. the results of a shocking new report. ♪ gerri: you'll never believe who is on the receiving end of your taxpayer dollars, and how gerri: taxpayer dollars hard at work providing medicare services to illegal immigrants and prison inmates, may friends. according to a new report by the health and human services inspector general, totaled more than $125 million between 2009 and 2011, and joining me now, dr. scott, resident fellow at the american enterprise institute. doc, welcome back to the show. good to see you. how does this happen? doesn't the government know who they are sending checks to? >> well, the answer is no, medicare doesn't have systems in place to make sure the payments made are appropriate. they were inproper payments, about $65 billion a year in improper payments, different than fraud. gerri: 65 billion? just as if this is a normal thing that happens, and, boy -- why can't they -- what's the problem? >> a structural problem how
of comments last week about the issue of a carbon tax. that is something that keeps coming up on capitol hill that perhaps a legislative solution to the climate change problem would help. explain what a carbon tax is. guest: a carbon tax is really the ultimate climate policy. it is what economists and the environmentalists say would be the policy that would make a fundamental change in the market and in the environment. it would put a price on carbon pollution. carbon pollution is the main source -- or green as gases -- are the main cause of climate change -- global warming. there are coal-fired power plants that are allowed to emit carbon pollution and they do not pay. the idea is that if carbon polluters were to have to start paying, it raises the price of fossil fuel and raise the price of these polluting sources of energy and that will fundamentally drive the market toward cleaner, low pollution energies. it is also politically controversial. pricing carbon pollution means raising the price of electricity, gasoline, all the funds and always which we drive our economy. i think it would be
continuing his campaign for extending tax cuts, um, for everyone but the wealthy top brackets, and so we had a fiscal cliff debate and fight on capitol hill where american taxpayers across the country paying their holiday bills were anxiously waiting to see what congress would do, and ultimately everyone but the top earners saw their tax cuts restored. and we went right into a debate about gun control and immigration reform. so it's true that the president has not talked about growth or the economy in a very long time. given this new data, though, and given the fact that we saw an anticipation of these sequestered cuts that the congress passed a long time ago and have the opportunity to undo but haven't yet and are set to go into effect on march 1, in anticipation of those cuts that really hit at defense spending we saw a big shrink in defense jobs, and that is going to continue, um, when we see the sequester go into effect in march. and it's going to hit domestic programs as well. combined that will be, produce a considerable dent to consumer demand. and as we get into a couple months down
could happen with the fortune. and really could. it's not till november that the tax laws allow that to be. i do believe it's going to blow a quarter. i think mtw should split itself up into two separate companies. food, service, and cranes. remember those ice machines when you go out to -- ice machines, you feel like you're getting something for free. it's really water. we also get results from bemis. its stock symbol is bms, which stands for buy my stock. here's the stock i mentioned earlier this week as part of the brandnew bull market in packaging of all things. you're going to see i said that. i'm expecting a very good quarter after the close. we get the new one, the ipo, barry plastics. the other packaging bull market player. i think there's a lot to like here too. on the lookout for both of these. if buy my stock goes down ahead of when it reports, buy its stock. all right. now, on friday morning i think you're going to see the contrast between the world's largest oil company, exxon, which has truly become a serial disappointer, and chevron, which has become a company tha
are? this does include taxes, and it is a hotel. but it doesn't include your mortgage. you're paying $95 million. and then what do you pay -- >> during the commercial break i guessed 17 grand a month. >> i would like to raise that -- >> 17 grand a month? >> to 55 grand a month. >> very close. 60,000 a month in monthly maintenance fees. now that does include twice -- it includes maid service and a spa and some other things. so you're paying $95 million and then you're paying $60,000 a month in maintenance. but we bring you through all kind of apartments tonight. $160 million worth of real estate in new york. >> are these places back? i mean for awhile things crashed and nobody could afford these places. are they really back? because we still talk about how on wall street those pay packages are coming back. >> that's what everyone was saying a year ago, two years ago. two things happened. one is foreign money. i mean one of the great things about this show tonight is we bring you through with a russian buyer as he's in central park west. the russians, the chinese, the latins, especiall
became adults, we ended up paying more in taxes every year than my father and mother would pay in taxes as an immigrant family with a first and second grade education. i think that's a perfect example of why this is important. the bess they can we can do for the economy is to get this immigration -- comprehensive immigration reform right and get it done now. >> indeed. david, despite what we have just heard from the congressman who is very enthusiastic, rush limbaugh says the government's dole is what lures immigrants here. take a listen. >> i have seen a number of research, scholarly research data, which says that vast majority of arriving immigrants today come here because they believe that government is the source of prosperity. >> so that heaving mass of poison says that the borders are literally stacked full of people coming to take entitlements and benefits. >> yaen time yanytime you hear word scholarly research data and rush limbaugh together you know something is wrong. the congressman just told us a very shorthand story of his own family. obviously that one anecdote and many ot
to the u.s. from china, and he tells us his story. next, your tax dollars going to ill leal immigrants and prison inmates. the results of a shocking new report. ♪ the capital one cash rewards card gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone but her likes 50% more cash, but i have an idea. do you want a princess dress? yes. cupcakes? yes. do you want an etch-a-sketch? yes! do you want 50% more cash? no. you got talent. [ male announcer ] the capital one cash rewards card gives you 1% cash back on every purchase plus a 50% annual bonus on the cash you earn. it's the card for people who like more cash. what's in your wallet? i usually say that. [ slap! ] [ slap! slap! slap! slap! ] ow! ow! [ male announcer ] your favorite foods fighting you? fight back fast with tums. calcium-rich tums starts working so fast you'll forget you had heartburn. ♪ tum tum tum tum tums you'll forget you had heartburn. officemax can help you drive suand down.s down... use your maxperks card and get a 10-ream case of officemax multiuse paper for just 4.99 after maxperks rewa
.s. to earn citizenship by paying taxes and passing a background check, among other requirements. >> this is not just a debate about policy. it's about people. >> reporter: mr. obama described a largely similar bipartisan plan in the senate as encouraging, but republicans are already warning the president that there are limits to their willingness to compromise. >> if this endeavor becomes a bidding war to see who can come up with the easiest, quickest and cheapest pathway to green card possible, this thing is not going to go well, folks. >> reporter: still, after winning more than 70% of the latino vote last november, the president's senior advisers say the white house is more than comfortable publicly pressuring republicans. >> and if congress is unable to move forward in a timely fashion, i will send up a bill based on my proposal and insist that they vote on it right away. >> reporter: among those moved by the promise of reform, luis and maria berahas, who acknowledge they came to the u.s. from mexico city 14 years ago. visiting from their home in california, their 22-year-ol
tax nbc's kevin tibbles starts us off from there tonight. good evening. >> brian, 2013 is barely a month old and already 42 murders in the city of chicago. the latest has galvanized this city into taking action. >> no one gets a pass. >> reporter: today, chicago city officials went on the offensive. taking aim at gun violence by calling for background checks on gun buyers. >> loss of any child, in any community, in this city, is a loss to the entire city. >> reporter: moving 200 more officers from behind their desks to the streets. >> if i have to put a policeman here, 24 hours a day, 7 days a week, 365, we're going to make a point that this territory belongs to the community. >> i'm hadiya, year 2015. >> reporter: the victims have names and families. 15-year-old honor student, hadiya pendelton, has become the latest face of violence in this city. in sixth grade, she took part in an anti gang video. >> your job is to say no to gangs and yes to a great future. >> reporter: despite by laws that prohibit gunshots within city limits, more than any other city in america, chicago appea
and authorities are preparing for the worst. >>> we are bringing you a firsthand look at your tax dollars at work in the tunnel. we got a look inside the 4th bore yesterday. we found crews hard at work inside. federal stimulus funds are paying for two thirds of the 400 million-dollar project. taxpayers are funding the rest. >> when it's done caltrans will be dedicating two bores permanently to eastbound traffic and two permanently to westbound traffic. >> caltrans said the 4th is 75 to 80% done. they will start laying the road bed next month and it's set to open later this year. >>> federal safety regulators say no matter what anyone else is saying the dream liner investigation continues. the head of the ntsb unsettling description of how serious this matter may be. >>> facebook founder is getting involved in politics. . >>> welcome back. taking you live to new york. dow back from its earlier gain. still up 17.5 points, s&p500 testing the 1500 level and a lot of familiar names in stocks to watch today. johnson and johnson up, part of the dow -- and it's earning estimates. p and g better than ex
because corporate profits are up, costs are down, the fiscal cliff agreement has locked in low taxes for most of the upper-middle class and wealthy, and there's no sign of inflation as far as the eye can see. but corporate profits can't stay high when american consumers whose spending is 70% of the u.s. economy are this pessimistic about the future. they're just not going to spend. american companies won't be able to make up the difference in forward markets. europe is careening into a recession. japan is still in deep trouble. china's growth has slowed. profits are the highest share of the u.s. economy on record. wages are the lowest. but this imbalance can't and won't last. >> can't and won't. and look what's happening on wall street. they're doing better, willie, than ever before. >> mm-hmm. >> ever before. for the past four years, wall street has exploded over the past four years. real income has dropped for middle-class americans. the poverty rate's gone up. one in four americans are on food stamps. you talk about two americas. john edwards is right. >> incomes. >> over the past
this in two buckets. one bucket is reducing costs. the other bucket is increasing taxes. if you think you can get this all done, to the amount we have to do with, let's say, a ten-year program, you're going to have to dig very deep. we need a third bucket and it is sitting right there and we should use it. it is energy. fracking, for example, has created 1.75 million jobs. billions and billions of dollars going to the states and federal coffers. we have more energy than anybody in the world and if we, in an environmentally friendly way, acquire it, go on the federal lands, do it in the right way, we'll get that extra piece of cash, and bring manufacturing and jobs back to the united states or create them in the united states because of our energy. >> the last four years of the obama presidency was marred by not great relationships between the business community and the administration. you are one of the key faces of the business community. have you reached out to the president or has he reached out to you since his election to say let's make this four years look very different? >> just rememb
. it will eliminate your monthly mortgage payments and give you tax-free cash from the equity in your home. and here's the best part -- you still own your home. take control of your retirement today. ♪ ♪ jon: some crime stories we are keeping an eye on. a man charged in a prostitution scandal. he is accused of conspiring with this woman, alexis wright, of running a prostitution studio with a cover-up of a zumba class. and a deadly brawl in brooklyn. the 24-year-old was being escorted from a holding cell to a bathroom and police said he shoved the officer and ran away. it is not clear whether he was handcuffed or how he got out of the station. in florida, orlando police need some help finding a man missing since monday. they say the 47-year-old has mental health issues. arthel: new information on the nationwide flu outbreak. the centers for disease control and prevention just releasing the numbers showing how hard the flu is heading now and who is most at risk. elizabeth is live in atlanta. i just got a text for my 28-year-old cousin was a teacher in los angeles and she said she's back in urgent
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the tax credit that exists for consumers. it is important to keep a variety of options available for consumers. if we are going to meet the 2025 standards of 52.5 miles per gallon, it is going to take not just more hybrid vehicles, but it will also take continued improvement in the efficiency of the internal combustion engine, and companies are focused on that. when you walk around the auto show, they will have exhibits that show some of the things they're doing that make the traditional gasoline-powered engine even more efficient and increase gas mileage. host: next call from matt blunt, president of the american automotive policy council -- dug in syracuse, new york. caller: good morning. mr. blunt, i wonder if you could explain to the american taxpayer and consumer why the taxpayer bailout should not be totally paid back by the government, to the government, by the big three auto makers. guest: you know, the government has an ownership stake in general motors today. they have worked with the government, a general motors and the government have come to an agreement about the re
of no income tax and the morgans and mellons and carnegie and rockefellers. we created more wealth for everyone. so we can do this recognizing that the energy market is a $6 trillion market compared to one with what, four billion users going up to nine billion over the course of the next 20, 30 years. this is a place for us to recognize what other countries are doing and what our states that are growing are doing, which is there is an extraordinary amount of opportunity in modernizing america's energy grid. we don't even have a grid in america. we have a big open gap in the circle of america. east coast grid, west coast grid and texas grid and a line from chicago over to the dakotas. we can't sell energy from minnesota to arizona or arizona to massachusetts or to the coal states. it doesn't make sense and can't be a modern country if we don't fix that infrastructure. i would respectfully say to you that climate change is not something to be feared in response to -- the steps to respond to -- it's to be feared if we don't. 3,500 communities in our nation last year broke records for heat. we had
the senate democrats and president george herbert walker bush passed an agreement, including tax increases, to at last begin to tackle the deficit. and i remind everyone here as i take my leave from the senate, when president george h.w. bush returned from agreeing to a deficit reduction agreement at andrews air force base, he wrote in his personal diary that he might well have sealed his fate as a one-term president. he did what he thought was right for the country and he laid the groundwork for our ability to three times balance the budget at the end of the 1990's. that's courage, and the senate and the congress and the country need more of it. frankly, the problems that we live through today come from individual choices of senators themselves, not the rules. when an individual senator or a colludeing caucus determine that the comity essential to an institution like the senate is a barrier to individual ambition or party ambition, the country loses. those are the moments in which the senate fulfills not its responsibility to the people but its reputation as a sanctuary of gridlock. i ask
Search Results 0 to 48 of about 49 (some duplicates have been removed)